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IATA’s DG Calls for a Balance to the Benefits of Air Liberalization

Pierre Jeanniot (DG of IATA) stated on 16 November 1999 “There is no question that the air transport industry will continue to liberalise. Our main concern is that liberalisation proceeds in a manner which produces the best balance of benefits to consumers, airlines and the public interest”. IATA has issued a discussion paper on Air […]

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Train Bomb

13 people were killed and nearly 50 injured after a bomb exploded on the Pooja Express which had left Jammu, Kashmir’s winter capital, bound for Delhi. the train was carrying Hindu pilgrims who had been visiting the Vaishno Devi Temple near Jammu. Indian police officials were also on board.

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European Commission blocks Airtours Takeover of First Choice

The EU Commission rejected the proposed takeover because it would leave the three largest tour operators in the UK with 80% share of the package holiday market (Airtours, Thomson and Thomas Cook). These companies are also vertically integrated and the Commission believed that the proposed merger would restrict competition in the UK package holiday market.

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